To: DugwayDuke
I also understand OPIC operates at a profit, it's risk insurance has not cost the US taxpayers (remember OPIC operates at a net profit), I am healthy, can you insure me? You pay my medical bills when I get sick (remember I did not get sick so far).
How many businesses would "export" jobs to the unstable countries if taxpayers did not guarantee their safety?
164 posted on
06/16/2003 4:36:21 AM PDT by
A. Pole
To: A. Pole
How many businesses would "export" jobs to the unstable countries if taxpayers did not guarantee their safety?As I understand it the premiums paid are invested in projects to be insured thus if the project goes South the loan will probably not be repaid due to the offshore subsidaryu having the obligation and the taxpayers will have to pay off the whole bill.
170 posted on
06/16/2003 5:20:05 AM PDT by
harpseal
(Stay well - Stay safe - Stay armed - Yorktown)
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